◎ reporter Liu Li
The battle for control of Colin Electric, which has lasted for more than a month, has shifted from "open struggle" to "infighting" stage. Under this background, Colin Electric's 2023 annual general meeting held on May 9 has attracted a lot of attention.
Security of shareholders' meeting
On the afternoon of May 9, a reporter from Shanghai Securities News came to Colin Electric South Office District, which is located in the south falling wall section of Hongqi Street in Shijiazhuang City. Four or five security guards stood guard at the doorman's office, and every vehicle entering the company was strictly questioned. Next to the reception room at the gate, a staff member in a white shirt told reporters that if they came to attend the shareholders' meeting, they should check their identity information here.
The reporter noticed that in the factory area of the company, there were also a number of staff wearing white shirts and hanging badges patrolling back and forth. In front of the north office building of the company, also stood a number of security guards, layers of "screening" of participants.
"the shareholders' meeting is held in the conference room on the third floor, and there are security guards at the door of the meeting hall. Now if you are allowed to enter the building, you will not be able to enter the meeting hall." A staff member said bluntly.
The company previously announced that the shareholders' meeting will consider 13 motions such as the "motion on the work report of the board of directors in 2023" and "the motion on the work report of the board of supervisors in 2023". At the same time, shareholders of the company can also exercise their voting rights through the online voting system of the shareholders' meeting of the Shanghai Stock Exchange.
The whole shareholders' meeting continues.LasatlantiscasinonodepositbonusOne hour and 40 minutes. After the meeting, a minority shareholder, who spoke on condition of anonymity, told reporters at the company gate that the shareholders' meeting was opened by Chairman Zhang Chengsuo and delivered a welcome speech, and the relevant personnel of the Securities Department read out the discipline of the meeting. Dong Caihong, director and deputy general manager, made a report on the board of directors, and Qiu Shiyong, chairman of the board of supervisors, made a report on the board of supervisors. After a 20-minute break, the lawyer will make a report, and finally Zhang Chengsuo will make a concluding speech.
"the conference room for the shareholders' meeting is small and can hold about 30 people. The atmosphere of the meeting was calm, the process was very rigorous, and the process was carried out in accordance with the contents of the announcement in advance. " The minority shareholder revealed that all the bills at the scene were passed by a high vote.
Colin Electric announced on the evening of May 9 that the number of shareholders and agents attending the shareholders' meeting was 103, and the total number of voting shares held by the shareholders attending the meeting was about 1.Lasatlantiscasinonodepositbonus. 100 million shares, the number of voting shares held by the shareholders attending the meeting accounts for about 48.29% of the total number of voting shares of the company. Judging from the final voting results, the approval rate of the 13 bills is more than 99%.
However, compared with the result of the vote, the outside world is more concerned about who Colin Electric is guarding against because of the strict selection of attendees at this shareholders' meeting.
"I am also a shareholder of the company, but even the shares I bought the day after the equity registration date did not let me in. I had to vote as a spectator." A minority shareholder told reporters.
From "open struggle" to "infighting"
It is worth mentioning that during this shareholders' meeting, the "offensive and defensive sides" are very low-key, the reporter contacted people related to Hisense and Zhang Chengsuo camp, but both sides are not willing to disclose any information. This is in great contrast to the "war in the air" between the two sides at the beginning of the battle for control.
Earlier, Zhang Chengsuo told reporters that Hisense NetNeng's behavior was a "sneak attack." Moreover, he had no prior knowledge of the transaction, and it felt very sudden. As the actual controller of the company, he will not give up control of the company until he sees and approves the plan that Hisense can put forward for the future development of the company. That is why he and three other shareholders signed a concerted action agreement to consolidate control.
Shi Wenbo, general manager of Hisense NetNeng, told reporters earlier that it is legal and legal for advantageous enterprises to acquire property rights through the property rights market to develop their own industries, and it is an act protected by law and supported by policies, whether at home or abroad. This is an important and common way for enterprises to develop their industries. Therefore, the acquisition of Hisense is reasonable and legal, and it is also a very normal behavior. In his opinion, the other side's so-called "robbing" and "knocking on the door" made a bit of a fuss.
Colin Electric executives have said that the timing of Hisense's choice of "attack" is very delicate. The company released its 2023 annual report on April 18, which means that executives are not allowed to buy or sell shares for the previous 30 days. Hisense net can then choose to "sneak attack" on March 15.
However, public data show that Colin Electric's senior team has recently begun to "fight back".
According to the company announcement and data disclosed by the exchange, Zhang Chengsuo and Qiu Shiyong continued to increase their holdings of 342800 shares of the company from April 29 to May 7.
Previously, Zhang Chengsuo and three senior executives, including Qiu Shiyong, held a total of 17.31% of the shares in the listed company by signing a concerted actor agreement.
Another shareholder of Colin Electric, Shijiazhuang State Investment Group, which plays an important role, has also been active recently. On the evening of April 25, it announced that it raised its brand Colin Electric for the second time. According to the announcement on the same day, Shijiazhuang State Investment Group has increased its stake in the company through the bidding trading system of the Shanghai Stock Exchange, and the latest shareholding has reached 10%. In the report on the change of Rights and interests disclosed on the same day, Shijiazhuang State Investment Group said that the increase is based on confidence in the future development of the company, is optimistic about the long-term investment value of the company, and plans to continue to increase its shares in the next 12 months. the proportion of increase is not less than 1%.
At present, what is in the "wait-and-see" situation is the relatively active Hisense network energy in the early stage. As of early April, Hisense net can continue to attract chips through equity transfer and increasing holdings in the secondary market, with 13.95% of its shares in Colin Electric and 23.52% of its voting rights. Since then, public information has not shown that it has further increased its holdings of Colin Electric.
After several rounds of increase, the combined shareholding ratio of Shijiazhuang State Investment Group and Zhang Chengsuo and their concerted actors to listed companies has exceeded the proportion of shares that Hisense can hold (including voting rights). However, the state-owned assets of Shijiazhuang has not yet made it clear which side it supports.
With its advantages in the field of power distribution and new energy technology, Colin Electric made a good start to its operating performance in the first quarter of this year. According to the quarterly report, the company achieved an operating income of 752 million yuan in the first quarter, an increase of 42.86% over the same period last year, and a net profit of 67.17 million yuan, an increase of 65.05% over the same period last year.